DSE 2.24% $4.36 dropsuite limited

Blue sky is just about guaranteed - the only objection or doubt...

  1. 897 Posts.
    Blue sky is just about guaranteed - the only objection or doubt that the market has is the funding - so i agree with you there - but, look at the new personel they've put on, and with funding experience.

    Two factors will occur that will cement EXM's success; increase jorc estimate and production planning, and funding arrangements; and with the 80% open cut mining of the resource & low production cost of under $400 - blue sky is guaranteed.

    Lets not forget that they also have other extensive greenfield gold prospects & uranium prospects in the N.T: and i would imagine that once the Tenant Creek mine is up and running and cash positive, that their attention will turn to these other oppurtunities which will only add to long-term shareholder value.

    So overall, this little company is one extremely undervalued, long-term opportunity.. so blue skies in my opinion is just a matter of time, and the trader's sell wall will eventually collapse.

    Just my opinion
 
watchlist Created with Sketch. Add DSE (ASX) to my watchlist
(20min delay)
Last
$4.36
Change
-0.100(2.24%)
Mkt cap ! $306.3M
Open High Low Value Volume
$4.40 $4.44 $4.35 $2.229M 506.7K

Buyers (Bids)

No. Vol. Price($)
10 1785 $4.36
 

Sellers (Offers)

Price($) Vol. No.
$4.38 319 1
View Market Depth
Last trade - 14.55pm 19/11/2024 (20 minute delay) ?
DSE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.